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639 University Avenue, Charlottetown, PE C1E1E5

Charlottetown

Key Facts

7,184Sq Ft
1.13Lot (acres)

Description

Fantastic opportunity to own a unique income-generating property located on one of University Avenue's busiest and most desirable commercial corridors. This well-maintained property features 21 rentable units and offers exceptional visibility and accessibility in the heart of Charlottetown. Conveniently situated close to shopping, schools, restaurants, and the university, this prime location attracts strong tenant demand year-round. This versatile property offers excellent cash flow potential with room for future expansion or redevelopment, making it an ideal investment opportunity for entrepreneurs and investors alike. Whether you are looking to expand your portfolio or own a high-exposure business property in a growing area, this is a rare opportunity you won't want to miss. Own this unique property with endless potential in one of Charlottetown's most sought-after locations. (id:31684)

Property Information

Property Type

Residential

Living Area

7,184 sq ft

Lot Size

1.13 acres

Ownership

Freehold

Listing #

202611255

Property Features

Heating

BaseboardHeat PumpElectricOilDuctless

Flooring

Other

Fencing

Partial

Construction

FrameConcrete

Affordability Calculator

$399,980

Estimated monthly payment

$10,644/mo

Principal $1,599,920 · Est. interest $2,232,031 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Charlottetown, PE

CA$520,000
Median Listing Price
65
Median Days on Market
5,019
Median Sq Ft
CA$256
Median Price / Sq Ft
238
Active Listings
  • This home’s price is 285% above the area median.
  • Its price per sq ft is 9% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Charlottetown, PE.

Location

  • 639 University Avenue, Charlottetown, PE C1E1E5

Points of Interest in Charlottetown, PE

Showing the Charlottetown area map.

Nearby Schools

  • Private Institute of Hair Design & Aesthetics

    Secondary · 0.3 km away

  • Charlottetown Rural High School

    Secondary · 0.6 km away

  • School's

    School · 0.6 km away

  • Grace Baptist Church

    School · 1.4 km away

  • Headstart Early Learning Centre

    School · 1.8 km away

  • Stonepark Intermediate School

    School · 1.9 km away

  • Parkdale Elementary School

    Elementary · 2.0 km away

  • Spring Park Elementary School

    Elementary · 2.1 km away

  • Immanuel Christian School

    School · 2.2 km away

  • West Royalty Elementary School

    Elementary · 2.3 km away

  • Colonel Gray Senior High School

    Secondary · 2.4 km away

  • Tiny Tot Early Years Centre

    School · 2.6 km away

  • Queen Charlotte Intermediate School

    School · 2.6 km away

  • Birchwood Intermediate School

    School · 2.7 km away

  • Prince Street Elementary

    Elementary · 2.8 km away

  • St. Jean's Elementary

    Elementary · 2.9 km away

  • West Kent Elementary School

    Elementary · 3.1 km away

  • Ecole Francois-Buote

    School · 4.0 km away

  • LM Montgomery Elementary School

    Elementary · 4.2 km away

  • East Wiltshire Intermediate School

    School · 4.6 km away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
6 Pond Street, Charlottetown, PECA$1,500,000
73 Euston Street, Charlottetown, PECA$1,574,000
49-51 Fitzroy Street, Charlottetown, PECA$1,590,0006,800
260 Grafton Street, Charlottetown, PECA$1,599,000
ACREAGE ROYALTY JUNCTION Road, Charlottetown, PECA$1,600,000
21 Water Street, Charlottetown, PECA$1,600,000

Moving Cost Estimate

EXIT Agents in Charlottetown

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Listing Courtesy: CENTURY 21 COLONIAL REALTY INC

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Data provided by Prince Edward Island Real Estate Association. Listing #202611255. © 2026EXIT Realty®. All rights reserved.